Sanctuary Cove, Queensland: Difference between revisions

Coordinates: 27°51′10.48″S 153°21′43.97″E / 27.8529111°S 153.3622139°E / -27.8529111; 153.3622139
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==History==
==History==
The property was developed by Mike Gore and launched in 1986.<ref name="nlf">{{Cite news |url=http://www.brisbanetimes.com.au/queensland/queensland-property/new-life-for-australias-first-residential-resort-20100417-sl1c.html |title=New life for Australia's first residential resort |author=Tony Bartlett
The property was developed by Mike Gore and launched in 1986.<ref name="nlf">{{Cite news |url=http://www.brisbanetimes.com.au/queensland/queensland-property/new-life-for-australias-first-residential-resort-20100417-sl1c.html |title=New life for Australia's first residential resort |author=Tony Bartlett
|accessdate=21 April 2015 |date=17 April 2010 |work=Brisbane Times |publisher=Fairfax Media }}</ref> In 1992, Gore fled the country, leaving the development in [[receivership]] for many years to come.<ref name="tpd">{{Cite news |url=http://www.crikey.com.au/2010/10/01/the-property-developer-turned-bankrupt-turned-claimant/ |title=The property developer turned bankrupt turned claimant |author=Adam Schwab |accessdate=21 April 2015 |date=1 October 2010 |work=[[Crikey]] |publisher=Private Media }}</ref> The property was bought by Mulpha Australia Limited in 2002.<ref name="nlf"/> On 9 April 2010 a new golf clubhouse was launched.<ref name="nlf"/>
|accessdate=21 April 2015 |date=17 April 2010 |work=Brisbane Times |publisher=Fairfax Media }}</ref> In 1989 the resort was purchased by EIE International Corporation, a Japanese real estate investment company, with financial assistance from the Long Term Credit Bank of Japan. In 1992, following the downturn in the Japanese economy, EIE went into receivership, along with the Sanctuary Cove development company (Discovery Bay Developments Pty Ltd). The property was bought by Mulpha Australia Limited in 2002.<ref name="nlf"/> On 9 April 2010 a new golf clubhouse was launched.<ref name="nlf"/>


==Resort==
==Resort==

Revision as of 02:01, 2 April 2017

Sanctuary Cove
Queensland
The 2007 release of land, known as "Tristania", 2007
Postcode(s)4212
LGA(s)Gold Coast City Council
State electorate(s)Coomera
Federal division(s)Fadden
Suburbs around Sanctuary Cove:
Hope Island Hope Island Hope Island
Hope Island Sanctuary Cove Hope Island
Hope Island Hope Island Hope Island

Sanctuary Cove is a gated community, in the suburb of Hope Island in the Gold Coast area of Queensland, Australia. It was the first of such developments in Australia and is notable for its impact in planning legislation in Queensland which had to be altered to allow it to proceed, due to the privatisation of such large areas of urban land. It covers an area of 474 hectares south of the Coomera River close to its mouth. To the east of Sanctuary Cove is Coomera Island.

Sanctuary Cove provides a completely self-contained residential environment with its own shopping centre and entertainment facilities, with the addition of many of the facilities of a holiday resort, such as boating marinas and golf courses. Sanctuary Cove continues to grow as remaining land is developed.

It is home to the Sanctuary Cove International Boat Show which has been held annually since 1988.[1]

History

The property was developed by Mike Gore and launched in 1986.[2] In 1989 the resort was purchased by EIE International Corporation, a Japanese real estate investment company, with financial assistance from the Long Term Credit Bank of Japan. In 1992, following the downturn in the Japanese economy, EIE went into receivership, along with the Sanctuary Cove development company (Discovery Bay Developments Pty Ltd). The property was bought by Mulpha Australia Limited in 2002.[2] On 9 April 2010 a new golf clubhouse was launched.[2]

Resort

InterContinental operates the luxury hotel at Sanctuary Cove. The resort was previously called the Hyatt Regency Sanctuary Cove as was managed by Hyatt. In late 2012, management was taken over by Intercontinental.[3] It contains 247 rooms.

The marina contains 300 moorings for all vessels including superyachts up to 36 metres in length.[4]

References

  1. ^ "Sanctuary Cove International Boat Show". Mulpha Sanctuary Cove. Retrieved 21 April 2015.
  2. ^ a b c Tony Bartlett (17 April 2010). "New life for Australia's first residential resort". Brisbane Times. Fairfax Media. Retrieved 21 April 2015.
  3. ^ Lisa Allen (27 September 2012). "New manager for Hyatt Sanctuary Cove". The Australian. News Limited. Retrieved 21 April 2015.
  4. ^ "Marina". Mulpha Sanctuary Cove. Retrieved 21 April 2015.

External links

27°51′10.48″S 153°21′43.97″E / 27.8529111°S 153.3622139°E / -27.8529111; 153.3622139